Let d⁽⁴⁾ = .02. Calculate the total amount of interest earned at the end of 13 years on a deposit account at this rate if semiannual deposits of 500 are made at the beginning of each 6-month period.

(a) 1,777 (b) 1,926 (c) 1,905 (d) 1,845 (e) 1,521